Press Source: The Economist

After getting inflation so wrong, can the Fed now get it right?

Kristin Forbes says the Fed made it hard for itself with its quantitative easing (QE). "Everyone expected it to end on a certain date … "

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Press Source: The Economist

The Federal Reserve prepares for quantitative tightening

For Kristin Forbes qt could be more potent than rate rises, since it would target hot segments of the credit market, such as mortgages.

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Press Source: Financial Times (Subscription Required) (Opinion Piece)

Central banks must reduce their balance sheets more aggressively

"Central banks … should not hesitate to reduce their balance sheets during recoveries — especially when inflation is high.”

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Press Source: VOX EU | CEPR (UK) (Opinion Piece)

Pandemic inflation and nonlinear, global Phillips curves

If governments and central banks are too slow in removing the stimulus ... demand will continue to outpace supply.

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